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  • UBM Fashion, a leader in fashion tradeshows, will host the third edition of MAGIC Japan, the premier trade event that connects contemporary apparel, footwear, and accessory brands, as well as sourcing suppliers, to the leading retail buyers in around the globe. The show will be held from April 25 to 27, 2018, at the Tokyo Big Sight Convention Centre, Japan. MAGIC Japan will be co-located with UBM produced Licensing Expo Japan, which is the most-attended international licensing event in japan
  • A US yarn manufacturer is hoping to ‘push the envelope’ in the burgeoning smart textiles category. Volt Smart Yarns, officially unveiled last September by Hickory, the North Carolina-based Supreme Corporation, drew accolades that same month when the Industrial Fabrics Association International (IFAI) bestowed its Show Stopper award on the new product in the Fabrics, Fibers & Films category. Supreme will observe its 54th anniversary in July. The company, which specialises in covering yarns
  • The ratio of female workers to male in the country’s readymade garments sector has decreased as the number of new entry of female workers was lagging behind their male counterpart because of automation, according to a survey conducted by the Centre for Policy Dialogue, which was released on Saturday. The ratio of female workers to their male workers now stood at 60.80 per cent against 65 per cent (as per a study conducted in 2015) as the introduction of new technologies and machineries squeez
  • China's economy will grow by over 6.5 percent this year and next with deleveraging and risk prevention as priorities of macro-economic policy, a report has said. Released at a meeting co-hosted by the Xinhua-run Economic Information Daily and Xiamen University, the report said steady and slower growth will continue in 2018 and 2019. With an annual average growth of 6.3 percent from 2018 to 2020, China will double GDP from the 2010 level, said Zhang Ping, deputy director of the National Ins
  • China does not intend to become embroiled in a trade war with United States, and the two sides have agreed to continue communicating on trade issues in the near future, which in turn will create conditions for further cooperation, senior Chinese officials said on Sunday. The comments were made as the recently announced intention of the US to impose tariffs has heightened global concerns over potential trade confrontations, particularly those between the world's two largest economies. Altho
  • The arrival of cotton bales at ginning factories has registered 7.63 per cent increase till February 28, 2018 as compared to the corresponding period last year, disclosed a fortnightly cotton arrival report released by Pakistan Cotton Ginners' Association (PCGA) here on Saturday. The report further revealed that over 11.524 million bales of cotton arrived in 2017-18 season at various ginneries in Pakistan, as on February 28, 2018, compared to 10.707 million bales during the corresponding peri
  • National Assembly Speaker Sardar Ayaz Sadiq on Saturday assured the textile industry associations of help for resolving all issues relating to industry revival, particularly the energy price difference between Punjab and other provinces. While assuring the industry association of playing a role of facilitator and holding meeting with ministers concerned for arriving at a solution acceptable to the industry , speaker National Assembly said all the stakeholders will also be taken into confidenc
  • 'There is huge demand of jute and jute goods of Bangladesh in around 60 countries' Jute and jute goods export maintained a steady growth as the country earned $66.18 crore in the first seven months (July-January) of the current fiscal year (FY2017-18), which is 17.36% up from the previous fiscal (FY2016-17). The country earned $563.9 million by exporting jute and jute goods during the same period in FY2016-17. According to the Export Promotion Bureau (EPB), earnings from raw jute ex
  • Applied DNA Sciences has announced the receipt of a notice of allowance for its U.S. Patent Application No. 14/191,947 (US 2014/0295423 A1) entitled Methods for Genetic Analysis of Textiles Made of Gossypium barbadense and Gossypium hirsutum Cotton. The allowed patent application supports the company’s patent protection for its fiberTyping technology. The newly allowed ‘947 application protects the company’s proprietary methods of cotton species identification in a manufactured article via t
  • India Ratings and Research has maintained a stable outlook for cotton textiles and synthetics for fiscal 2018-19 as margins may expand due to softening in cotton prices, better consumer spending outlook and the low base effect of the last fiscal. However, the possible impact of pink bollworm on cotton and rising crude prices on synthetics are the constraints. Better margins, modest reduction in working capital requirements and subdued capital expenditure in the next fiscal will lead to an im
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